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Neighbors Suffer from Foreclosures
"For homeowners who have been diligent in their mortgage payments and even their association bills, the foreclosure crisis may not be something you will be interested in. Sadly, the problems in the mortgage industry...Michigan Foreclosures Receiving Multiple Offers
"In Genesee County, Michigan, market conditions seem to be different than what can be observed in most housing markets. Instead of the buyers enjoying the advantages, it is the foreclosure sellers who are receiving...
More Losses in Los Angeles, California Nightmare
If the first two quarters of 2008 were compared with the first two quarters of 2007, there has been an increase on 286 in Los Angeles foreclosure homes. Many are calling this period to be the worst after the Great... Arizona Hopeful by Phoenix’s Small Ray of Hope
Prices of houses in Phoenix have fallen more than 20 when compared with 2007 according to the Arizona State University–Repeat Sales Index. Karl Guntermann, Professor of Real Estate Fred E. Taylor, and Alex... Bay Area Home Prices Fall; Home Sales Rise
It would seem that buyers are no longer holding back on their decision to enjoy the great opportunities offered by these foreclosure homes in San Francisco’s Bay Area. With home prices declining even further for... Indiana Communities Shell Out $85K for Each Foreclosure Home
The foreclosure crisis has not only resulted to Indiana homeowners losing their homes. It also cost most communities in terms of lowered home values. According to the housing advocate ACORN, communities spend around...Maryland Foreclosure Homes Sales on a High
In U.S., the dangling trend seen in property market over a period of year has lead to an estimated 55% rise in the foreclosed property trading, with the activity surging up to 7.5% over last two months. Market...New Jersey Foreclosure Homes - A Study
The Federal Reserve Bank of New York released a study on 08/04/2008 that has painted a very stark picture of New Jersey’s sub-prime mortgage crisis. The ratio of New Jersey’s sub-prime mortgages in relation to... Los Angeles Gears Up to Repair Foreclosed Properties
When the new housing legislation is implemented in October, California will be receiving a federal grant that could amount to as much as $1.2 billion. This money will be used to buy and rehabilitate foreclosure ... Washington Foreclosure Homes - Tread with Care
Rescue companies working with Washington foreclosure homes, will now need to give written contracts to homeowners with a five day period for them to back out. This is due to a law that was passed on 06/12/08 by ...Detroit Foreclosure Home Sold for $1!
If you are in the market for a really affordable home, you should check out repossessed properties in Detroit. Foreclosure homes sold in this region have asking prices for as low as $1! A real estate owned property...Home Sales Activity in South California Jumps 13.8%
Last month, home sales activity in Southern California rose for the very fist time since 2005. The said increase is believed to be the result of the huge discounts being offered for both existing and foreclosure ...The Future, the Past, of Foreclosure Homes in New York
The Governor of New York, David A. Paterson, passed a sub-prime lending reform bill into law on August 6th 2008. This is to tackle the existent New York mortgage crisis. Gov. Paterson said that immediate effects of... Median Prices of US Homes Fall in 2nd Quarter
According to the latest data gathered by the National Association of Realtors, median prices of homes in the country have declined by 7.6 percent in the second quarter. There were at least 75 percent of cities in... Virginia foreclosure homes - Arlington Speak
Despite the real estate market in Arlington displaying stability, in comparison with surrounding jurisdictions, there is no absolute immunity, the problem of foreclosure homes in Virginia affecting it after all.A...
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